ETH staking queue surges by 1.75 million tokens, BitMine's large deposit pushes activation delay up to 30 days

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【Blockchain Rhythm】Ethereum validators continue to join the network at an increasing rate. According to the latest data from validatorqueue, the number of ETH waiting to join the network has already reached over 1.75 million, worth approximately $5.5 billion USD. What does this mean? New validators need to wait about 30 days and 20 hours to be officially activated and go online.

What is the main driving force behind this? BitMine’s recent major move—investing a large amount of ETH into staking. This directly caused congestion in validator onboarding.

Another interesting phenomenon is that the staking exit queue on the Ethereum PoS network has been completely cleared. In other words, no one is in a hurry to redeem ETH from staking now. This reflects that the current market confidence in the Ethereum ecosystem is quite good—participants are more inclined to continue locking their funds rather than rushing to cash out.

ETH-1,03%
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TommyTeachervip
· 16h ago
Wait, BitMine's move is quite aggressive. Investing so much all at once, aren't they worried about such a long activation cycle?
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ApeWithAPlanvip
· 16h ago
BitMine's recent move has directly blocked the entire queue, taking 30 days to activate? That's a bit outrageous, but from another perspective, no one quitting is actually a positive signal. No one running away proves that everyone still has confidence, but this queuing time is really a pain.
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AllInAlicevip
· 16h ago
5.5 billion invested just to wait for 30 days? BitMine's move is really aggressive, but now that the exit queue is cleared, everyone still remains optimistic about ETH.
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Anon4461vip
· 16h ago
30 days to activate? BitMine's move is a bit aggressive, directly blocking the team.
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HappyToBeDumpedvip
· 16h ago
1,750,000 coins are in line, and it takes 30 days to go live? BitMine's move is a bit ruthless, directly blocking the entire queue. No one is rushing to redeem, which is actually a signal. It seems everyone still trusts ETH.
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